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FINANCIAL NEWS
Elect Ministry owes USD 148mn for work on plants in Egypt
24 Apr 2016
(MENAFN) General Electric Co. (GE) asked the Elect Ministry to pay USD 148mn in return for the overhauls and upkeep the firm operations on production plants.
Moreover, the firm conducted a major, regular and simple overhaul, which is decided on according to the condition of the production unit and the turbine.
Additionally, overhauling electricity production units grows their efficiency and technical condition; oil, grease, piped and cables are changed in the units.
On the other hand, the ministry developed a plant to apply replacement, renovation and maintenance operations for the plants to save fuel and raise their efficiency.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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